MLM vs. WPM: Martin Marietta Materials vs. Wheaton Precious Metals Stock Comparison
How do Martin Marietta Materials (MLM) and Wheaton Precious Metals (WPM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Martin Marietta Materials (MLM) and Wheaton Precious Metals (WPM) both fall under the Materials industry group, but MLM is classified in Construction Materials while WPM is classified in Metals & Mining.
| Profile Item | MLM | WPM |
|---|---|---|
| Name | Martin Marietta Materials, Inc. | Wheaton Precious Metals Corp. |
| Country/Region | United States | Canada |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Construction Materials | Metals & Mining |
| GICS Sub-Industry | Construction Materials | Gold |
| Market Capitalization | 36.85 billion USD | 61.91 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 17, 1994 | July 6, 2005 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MLM | WPM |
|---|---|---|
| Total Return (1Y) | -12.23% | 45.35% |
| Total Return (3Y, Annualized) | 6.32% | 50.60% |
| Total Return (5Y, Annualized) | 5.43% | 29.06% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MLM | WPM |
|---|---|---|
| Volatility (1Y, Annualized) | 29.72% | 52.11% |
| Beta (5Y) | 1.02 | 0.49 |
| Max Drawdown (5Y) | -33.19% | -43.29% |
| Avg. Volume (3M) | 805.11K | 2.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MLM | WPM |
|---|---|---|
| Sharpe Ratio (1Y) | -0.56 | 0.79 |
| Sortino Ratio (1Y) | -0.75 | 1.14 |
Profitability
ROE (TTM)
Wheaton Precious Metals (WPM) at 23.10% sits in the top ROE quartile, while Martin Marietta Materials (MLM) at 6.02% is closer to the peer norm — stronger capital efficiency for WPM.
MLM
Materials industry group
6.02%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- MLM
- 6.02%
- Q1
- -3.41%
- Min
- -32.81%
WPM
Materials industry group
23.10%
- Max
- 52.88%
- WPM
- 23.10%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Wheaton Precious Metals (WPM) at 60.39% keeps the most of each sales dollar — above its industry’s net margin range — and Martin Marietta Materials (MLM) at 31.88% also retains a top-quartile share.
MLM
Materials industry group
31.88%
- Max
- 38.66%
- MLM
- 31.88%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
WPM
Materials industry group
60.39%
- WPM
- 60.39%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Wheaton Precious Metals (WPM) at 66.70% operates in the top operating margin quartile, ahead of Martin Marietta Materials (MLM) at 22.29%, which runs around its industry’s norm.
MLM
Materials industry group
22.29%
- Max
- 66.70%
- Q3
- 28.92%
- MLM
- 22.29%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
WPM
Materials industry group
66.70%
- WPM
- 66.70%
- Max
- 66.70%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | MLM | WPM |
|---|---|---|
| ROE (TTM) | 6.02% | 23.10% |
| ROA (TTM) | 3.27% | 15.22% |
| Net Margin (TTM) | 31.88% | 60.39% |
| Operating Margin (TTM) | 22.29% | 66.70% |
| Gross Margin (TTM) | 26.74% | 86.61% |
Growth
Revenue Growth
Wheaton Precious Metals (WPM) at 80.18% sits in the top revenue growth quartile, while Martin Marietta Materials (MLM) at 8.62% is closer to the peer norm — faster top-line expansion for WPM.
EPS Growth
Wheaton Precious Metals (WPM) at 177.85% sits in the top EPS growth quartile, while Martin Marietta Materials (MLM) at -42.09% is closer to the peer norm — faster per-share earnings growth for WPM.
Growth Metrics
| Metric | MLM | WPM |
|---|---|---|
| Revenue Growth (YoY) | 8.62% | 80.18% |
| Revenue Growth (3Y CAGR) | -0.06% | 29.53% |
| EPS Growth (YoY) | -42.09% | 177.85% |
| EPS Growth (3Y CAGR) | 10.61% | 29.83% |
Financial Strength
Current Ratio (MRQ)
Martin Marietta Materials (MLM) at 1.63 keeps current ratio within its industry’s typical mid-range, while Wheaton Precious Metals (WPM) at 0.57 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WPM.
MLM
Materials industry group
1.63
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- MLM
- 1.63
- Q1
- 1.45
- Min
- 0.16
WPM
Materials industry group
0.57
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- WPM
- 0.57
- Min
- 0.16
Debt / Equity (MRQ)
Both Martin Marietta Materials (MLM) at 0.75 and Wheaton Precious Metals (WPM) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
MLM
Materials industry group
0.75
- Max
- 1.98
- Q3
- 0.89
- MLM
- 0.75
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
WPM
Materials industry group
0.16
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- WPM
- 0.16
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | MLM | WPM |
|---|---|---|
| Current Ratio (MRQ) | 1.63 | 0.57 |
| Debt / Equity (MRQ) | 0.75 | 0.16 |
| Net Debt / EBITDA | 5.88 | 0.50 |
Dividends
Dividend Yield (TTM)
Both Martin Marietta Materials (MLM) at 0.63% and Wheaton Precious Metals (WPM) at 0.57% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
MLM
Materials industry group
0.63%
- Max
- 4.52%
- Q3
- 1.85%
- MLM
- 0.63%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
WPM
Materials industry group
0.57%
- Max
- 4.52%
- Q3
- 1.85%
- WPM
- 0.57%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Martin Marietta Materials (MLM) at 24.85% and Wheaton Precious Metals (WPM) at 16.29% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
MLM
Materials industry group
24.85%
- Max
- 83.62%
- Q3
- 41.37%
- MLM
- 24.85%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
WPM
Materials industry group
16.29%
- Max
- 83.62%
- Q3
- 41.37%
- WPM
- 16.29%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MLM | WPM |
|---|---|---|
| Dividend Yield (TTM) | 0.63% | 0.57% |
| Dividend Payout Ratio (TTM) | 24.85% | 16.29% |
Valuation
P/E Ratio (TTM)
Wheaton Precious Metals (WPM) at 29.63 is near its industry’s usual P/E ratio, while Martin Marietta Materials (MLM) at 38.67 sits in the richer quartile — MLM needs stronger growth or earnings quality to justify the premium.
MLM
Materials industry group
38.67
- Max
- 59.00
- MLM
- 38.67
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
WPM
Materials industry group
29.63
- Max
- 59.00
- Q3
- 32.93
- WPM
- 29.63
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Both look expensive on sales: Martin Marietta Materials (MLM) at 5.11 sits in the upper P/S ratio quartile, and Wheaton Precious Metals (WPM) at 17.86 prices even higher, above its industry range.
MLM
Materials industry group
5.11
- Max
- 9.62
- MLM
- 5.11
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
WPM
Materials industry group
17.86
- WPM
- 17.86
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Martin Marietta Materials (MLM) at 2.09 is valued about in line with its industry on P/B ratio, while Wheaton Precious Metals (WPM) at 6.17 carries an above-peer premium to book — WPM is pricier on assets.
MLM
Materials industry group
2.09
- Max
- 6.59
- Q3
- 3.55
- MLM
- 2.09
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
WPM
Materials industry group
6.17
- Max
- 6.59
- WPM
- 6.17
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | MLM | WPM |
|---|---|---|
| P/E Ratio (TTM) | 38.67 | 29.63 |
| P/S Ratio (TTM) | 5.11 | 17.86 |
| P/B Ratio (MRQ) | 2.09 | 6.17 |
| Free Cash Flow Yield (TTM) | 4.54% | -5.11% |